register | confirm account | forgot password
Andy Verhagen
RE/MAX Elite
7815 101 Avenue, Edmonton, Alberta
P: 780-907-8202  F: 780-665-7268
Email

Listing Details

For more information on this listing or other please contact me.

Courtesy of Initia Property Management.
Data was last updated 2025-06-25 at 20:18:11 GMT
$1,580,000

8021 87 Street   Edmonton, Alberta

MLS®: E4495019
URL:    
Turn-key investment opportunity in desirable King Edward Park! This 2022-built triplex offers 5 income-producing rental units, including 2 legal basement suites with separate entrances. The property features three townhouse-style units; Units 8021 and 8025 each include a self-contained 1-bedroom legal basement suite, while Unit 8023 includes an unfinished basement as part of the main unit. Each upper unit offers 3 bedrooms, 2.5 bathrooms, modern finishes, and upper-floor laundry. Situated on a corner lot just minutes from Bonnie Doon Mall, Whyte Ave, Downtown, Mill Creek Ravine, schools, transit and the Valley Line LRT. Fully leased with established tenants and professionally managed. Buyer may have the opportunity to assume the existing CMHC MLI Select mortgage, subject to lender and CMHC approval. Rent roll and financial information available.
Turn-key investment opportunity in desirable King Edward Park! This 2022-built triplex offers 5 income-producing rental units, including 2 legal basement suites with separate entrances. The property features three townhouse-style units; Units 8021 and 8025 each include a self-contained 1-bedroom legal basement suite, while Unit 8023 includes an unfinished basement as part of the main unit. Each upper unit offers 3 bedrooms, 2.5 bathrooms, modern finishes, and upper-floor laundry. Situated on a corner lot just minutes from Bonnie Doon Mall, Whyte Ave, Downtown, Mill Creek Ravine, schools, transit and the Valley Line LRT. Fully leased with established tenants and professionally managed. Buyer may have the opportunity to assume the existing CMHC MLI Select mortgage, subject to lender and CMHC approval. Rent roll and financial information available.

Listing Information

Prop. Type:
Triplex
Property Style:
2 Storey
Status:
Active
City:
Edmonton
MLS® Number:
E4495019
Bedrooms:
4
Neighbourhood:
King Edward Park
Area:
Edmonton
Province:
Alberta
Listing Price:
$1,580,000

General Information

Year Built:
2022
Total Square Feet:
3892ft2

Additional Information

Basement Dev:
Full, Finished
Parking:
Stall

VIP-Only Information

Sign-Up or Log-in to view full listing details:
Sign-Up / Log In
This property is listed by Initia Property Management and provided here courtesy of Andy Verhagen. For more information or to schedule a viewing please contact Andy Verhagen.
Andy Verhagen
RE/MAX Elite
Phone: 780-907-8202
Mobile Phone: 780-907-8202
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
Data last Updated: 2025-06-25 at 20:18:11 GMT America/Edmonton
This site's content is the responsibility of Andy Verhagen, licensed REALTOR® in the Province of Alberta.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026, All Rights Reserved | Privacy Policy | Mobile Site | REALTOR® Websites by RealPageMaker